$5,047 Closing Credit*
$424,990
2,556 SqFt
5 Beds
•3 Full Baths, 1 Partial
Kathryn Greer, Listing Office: DRH Realty Of Iowa, LLC
Is Tiffin, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Tiffin has remained a Seller's Market.
Key Takeaway
Tiffin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tiffin, IA
How much do homes in Tiffin, IA cost?
Median Sold Price
$362,545
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,100(+0.9%)
Key Takeaway
Homes in Tiffin have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Tiffin was $362,545 in November 2024, up 0.9% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $138K | $169.2K | +22.6% |
| 3 Bedrooms | $299.9K | $311.5K | +3.9% |
| 4 Bedrooms | $364.9K | $364.9K | 0.0% |
| 5+ Bedrooms | $500.9K | $499.9K | -0.2% |
Summary: Tiffin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
| North Liberty | $299.9K | $312.5K | +4.2% |
| Tiffin | $359.4K | $362.5K | +0.9% |
| Clear Creek Township | $363.9K | $363K | -0.3% |
Housing Supply in Tiffin, IA
How many homes are available in Tiffin, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 50 | -13.8% |
Summary: The Tiffin real estate market had 50 homes for sale in November 2024, a 13.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 24 | 17 | -29.2% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The Tiffin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tiffin, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Tiffin in November 2024, up by 44.4% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Tiffin, IA
How long does it take to sell a home in Tiffin, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 69 Days | +30.6% |
Summary: Homes in Tiffin had an average of 69 days on market in Nov 2024, up by 30.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tiffin are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Tiffin; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.